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A. W. Phillips

Deceased (1975); formerly LSE Professor · London School of Economics

Bill Phillips was an economist at the London School of Economics, where he was Professor of Economics from 1958. His 1958 Economica paper on unemployment and money wage changes is the source of the Phillips curve.

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Published Classic Economica Published Nov 1958

The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957

A. W. Phillips

This paper tests, using nearly a century of British data (1861-1957), the hypothesis that the rate of change of money wage rates can be explained by the level of unemployment and the rate of change of …

Phillips Curve Free Read ↗